Max pain is the price where the total value of all open calls and puts would be lowest at expiration, so option buyers as a group would lose the most. Some traders watch it as a level the stock may drift toward near expiration, because option sellers, often market makers, hedge their positions in ways that can pull the price toward heavily traded strikes. It is a theory, not a guarantee.

As of the Nov 4, 2026 close, max pain for Crown Castle options about one week from expiration was $77.53. The chart above shows the exact max pain for each expiration date.

Crown Castle closed above its near-term max pain on 19 of the last 20 trading days. On Nov 4, 2026 it closed at $92.18, 18.9% above max pain of $77.53.

Over the last 20 trading days, near-term max pain for Crown Castle ranged from $70.00 to $77.53. It went from $70.00 on Oct 8, 2026 to $77.53 on Nov 4, 2026. See the CCI max pain history for a longer view.

Crown Castle owns or manages nearly 40,000 wireless towers in the United States.